







A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Gray at 408 Railroad St, Gray, GA, 31032 at $420,000 posts ROI 28.37% with $981/mo cash flow from $3,659/mo rent. Total monthly income equals $3,659/mo, and annual cash flow records $11,775/yr on $139,230 to close. Return on cash invested measures 28.37% and rental yield reads 10.45% at the current $420,000. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 by year five. Five-year ROI prints 148.46% and total cumulative return in cash totals $206,707.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,659/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
$300 annually HOA
Date | Event | Price |
|---|---|---|
| 2025-02-10 | Listed for sale | $420,000 |
| 2025-02-06 | Pending sale | $420,000 |
| 2024-12-07 | Price change | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $4638.91 | -0.95% | $130,600 | 0.17% |
| 2022-02-16 | $4683.62 | 24.49% | $130,372 | 24.62% |
| 2021-02-16 | $3762.27 | 2.75% | $104,618 | 2.81% |



Listed by: Gregory Anderson • Coldwell Banker Bullard Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10411002
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.